Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5940-5942 Rye Way, a well-maintained duplex in the heart of Carmichael. Priced at $605,000, this 1977-built property features a 1,134 SF 2-bedroom/2-bathroom unit and a 984 SF 2-bedroom/1-bathroom unit. The asset is 100% occupied by long-term tenants… Read More on month-to-month leases, offering immediate stability with significant rental upside. The property is in turnkey condition following a series of recent capital improvements, including full kitchen and bathroom remodels in 2019, HVAC updates in 2014 and 2023, and a full exterior paint refresh in 2014. These upgrades minimize near-term maintenance costs for a new owner. Located near the Crestview Village Shopping Center and the I-80 corridor, this duplex is a rare, low-maintenance investment in a high-demand rental pocket. Notably, this property can be purchased individually or as part of a three-duplex portfolio, as the seller is also offering 5904-5906 Bourbon Way and 5908-5910 Bourbon Way located just around the corner. Read Less
Courtesy of Cornish & Carey Commercial, Kelly Rivett 916-569-2385
Listing Snapshot
Days Online
66
Last Updated
Property Type
Duplex
Square Ft.
2,118
Lot Size
0.15 Acres
Year Built
1977
MLS Number
ML82041354
30 Days Snapshot Of 95608
$391k
0%
(avg) sold price
0
-100%
homes sold
117
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6534.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 1,134 square feet, Unit 1 rent: $1,850
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 984 square feet, Unit 2 rent: $1,600
Accessibility Features
None
Amenities
Vaulted Ceiling
Building
Built in 1977, 2 building units, 1 building, 2,118 structure square feet
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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